Property Overview: 110 Donnington Road
Section 1: Key Characteristics & Appeal
This 1991-built, one-storey home in Elmhurst offers a practical and spacious foundation. Its key strength is the generous 8,073 sqft lot, providing ample outdoor space that ranks in the top tier for the neighborhood. With 1,683 sqft of living space and an unfinished basement, the property presents a solid canvas for customization. The home’s appeal lies in its established, quiet location and its significant potential for future expansion or renovation, allowing a buyer to add their own value. Recent market activity confirms strong interest, with a March 2024 sale price significantly above its assessed value.
This property is well-suited for two main types of buyers. First, it’s ideal for a hands-on homeowner or builder who sees the unfinished basement and the large lot as prime opportunities to create a tailored living space, whether that means adding a suite, expanding the footprint, or designing extensive landscaping. Second, it fits buyers seeking a stable, single-level layout in a mature area, who prioritize lot size and future potential over immediate turn-key finishes.
Section 2: Frequently Asked Questions
1. How does the recent sale price compare to the assessment?
The home sold for $647,000 in March 2024, which is notably higher than its current assessed value of $492,000. This indicates strong market demand for properties with these characteristics in the area.
2. What does the "unfinished basement" mean for me?
It means the basement is a blank slate with rough-in plumbing and electrical likely in place, but no interior walls, flooring, or finished ceilings. This is a key opportunity to add significant living space and value according to your own needs and budget.
3. The lot is large, but how does it compare to others?
The lot is a standout feature. At over 8,000 sqft, it is larger than 86% of lots on its street and 74% within the broader Elmhurst community, offering rare space for gardens, play areas, or future additions.
4. Is a 35-year-old home a concern?
While the core structure is mature, the age also means it’s situated in an established neighborhood with mature trees and settled infrastructure. A thorough inspection is recommended to understand the condition of major systems like the roof, windows, and HVAC, which may be nearing or past their typical lifespans.
5. What do the rankings next to the statistics mean?
These percentile rankings show how this property compares to others in its immediate street, community, and all of Winnipeg. For example, its lot size ranks in the top 11% city-wide, indicating it's a scarce commodity. The high rankings for the recent sale price suggest it outperformed most comparable sales.